Prime News Ghana

Today's Ghana Business, Banking and Economic news

BoG holds interest rates steady at 29%

The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation.

World Bank gives $40m for climate smart agric

The International Development Agency (IDA) of the World Bank has given approval for an additional US$40million grants to the Accelerating Impacts of CGIAR-Climate Research for Africa project (AICCRA).

Sentuo Oil Refinery employs over 1,000 workers

One of Ghana’s biggest oil refineries, Sentuo Oil Refinery (SOR) is not only creating employment opportunities in Ghana, but is determined to touch the lives of many through its Corporate Social Responsibility(CSR).

Ghana's economy grew by 2.9% in 2023

The Ghana Statistical Service revealed on Wednesday that Ghana's economy experienced a 2.9% growth in 2023, marking a decline from the 3.8% growth seen in 2022.

Ghana’s decision to go to IMF has paid off – Akufo-Addo

President Akufo-Addo has lauded his government’s decision to secure a $3 billion extended credit facility with the International Monetary Fund (IMF) in July 2022, stating that it has yielded positive results for the Ghanaian economy.

We will stay the course - Akufo-Addo assures IMF boss

President Akufo-Addo has said the next important thing to do after stabilising the Ghanaian economy is to engender rapid economic growth that would benefit majority of Ghanaians from the country’s development.